Housing Wire

MARCH 28, 2024

For comparison, Better’s production volume was $11 billion in 2022 and $57 billion in 2021, when interest rates were lower and refinance opportunities were plentiful. Better is confident that its development of a “supervised learning network“ will further automate many parts of the mortgage process.

Loan Officers 431

Loan Officers Technology Investing Realtors 431

Housing Wire

NOVEMBER 23, 2022

Meanwhile, the demand for refinance index, which dropped 86.2% More than ever lender profitability requires maintaining pace with innovation. In light of this, HousingWire recently caught up with Teraverde’s Rob Peterson to learn more about what lenders need to succeed in today’s lending environment. from the prior week.

Mortgage 397

Mortgage Contracts Retail Lending 397

Housing Wire

JULY 20, 2021

HousingWire recently sat down with Matthew Marx, CEO of Evocalize, to learn more about the importance of lead gen and referrals in a hot housing market. Getting the most from channels like Google and Facebook requires expertise, data, and resources. Our platform is designed to constantly learn and improve results.

Loan Officers 315

Loan Officers Business Technology Marketing 315

Housing Wire

NOVEMBER 10, 2020

Anyone who read the Mortgage Bankers Association’s recent 2021 forecast knows that refinance volume is soon to slow down. Refinance originations are predicted to slow next year, decreasing by almost half to $946 billion. Angel Oak accepts 12 or 24 months personal or business statements for purchases or refinances.

Business 304

Business Tools Investors Clients 304

Housing Wire

MAY 25, 2022

Between significantly fewer refinances, rising mortgage rates and housing inventory nearly cut in half since 2020, loan officers (LOs) and brokers face a pivotal time where adaptation is a must for success. There’s no question that 2022 has seen serious changes to the housing market. Unique loans for unique borrowers.

Lending 397

Lending Investing Loan Officers Design 397

Housing Wire

AUGUST 25, 2022

With 2022 more than halfway behind us, economic indicators continue to forecast minimal refinance volume while purchase volume faces its own headwinds. Misconception #3: Doing required testing is expensive and complicated. To learn more about using AVMs in the home equity process, visit corelogic.com.

Lending 394

Lending Valuation Appraisal Process Appraisal 394

Housing Wire

NOVEMBER 23, 2022

Absolutely I’m going to refinance when the rates go down, and that’s why I decided on a 2-1 rate buydown,” Davis said. “It Absolutely I’m going to refinance when the rates go down, and that’s why I decided on a 2-1 rate buydown.” Erica Davis, Guild Mortgage loan originator and home buyer.

Buyers 473

Buyers Marketing Sellers Loan Officers 473

Housing Wire

AUGUST 30, 2021

Refinances also saw a surge. Following the lead of telemedicine and district-wide online classrooms, other professionals who never thought their business could transfer to video learning found a way. There are hundreds of decisions to be made for every final title decision – from home purchases to refinances and more.

Real Estate 384

Real Estate Technology Business Buyers 384

Housing Wire

MAY 26, 2023

But the patchwork of state, county and municipal requirements — in addition to federal rules and regulations — demands that a growing firm have access to an attorney or legal resources deeply familiar with the industry, as well as the region in which that firm intends to grow. Compliance isn’t a topic most owners approach with enthusiasm.

Business 366

Business Marketing Law Technology 366

Housing Wire

JULY 20, 2021

After a season of high refinance volume, what is next for the mortgage industry and how can originators stand out amongst the competition? Borrowers now have settled in homes that in many cases are growing in value, and may have a need to take on renovation costs or consolidate debt, which brings on a greater need for cash-out refinances.

Marketing 370

Marketing Lending Government Renovations 370

Housing Wire

MAY 23, 2023

“Today, we actually have an opportunity to combat it in a way that we didn’t have five or 10 years ago, which is leveraging automation, artificial intelligence (AI) and machine learning.” But Tavant’s Touchless Lending Collateral Analysis assessment will allow lenders to review appraisals at scale and know which may require a closer look.

Technology 384

Technology Appraisal Lending Valuation 384

Housing Wire

DECEMBER 14, 2021

That has some producers of non-QM loans, which require specialized underwriting expertise, looking to technology, big data and the development of automated underwriting platforms as the solution for dealing with the anticipated surge in loan volume in the years ahead.

Lending 383

Lending Technology Government Investors 383

Housing Wire

FEBRUARY 27, 2024

Let’s learn how. Exclusivity: No Trial period: No Contract requirements: Annual contract required SmartZip is a lead generation, marketing and CRM solution founded in 2008. SmartZip is ideal for agents and teams who want to leverage data and technology to refine their prospecting efforts. Automated marketing: Yes.

Advertising 430

Advertising Tools Real Estate Sellers 430

Housing Wire

FEBRUARY 9, 2021

As well, there is a consistent forecast that the refinance boom is going to ease in 2021, and non-QM is the most effective way to replace that lost business. However, through the years, we have learned that building and maintaining your business with mostly refinances is not stable. Take for instance the self-employed borrower.

Lending 415

Lending Loan Officers Business Investors 415

Housing Wire

OCTOBER 29, 2021

According to the 2021 ServiceLink State of Homebuying Report, 50% of consumers said speed was an important factor in their refinance process. Another area that requires clarification is the importance of searches performed on title grade data to the instant title process.

Inspection 367

Inspection Technology Clients Tools 367

Appraisal Buzz

JULY 25, 2022

and learn all about this new GSE change with our hosts Joshua Walitt, industry analyst and consultant, and Eric Tsai, co-founder of Asteroom. Josh: ACE+PDR is Freddie Mac’s offering for certain refinance transactions, where a property data report (PDR) is combined with an automated collateral evaluation (ACE).

Appraisal 360

Appraisal Inspection Training Valuation 360

Housing Wire

OCTOBER 21, 2022

The most basic thing that we’re seeing right now is mortgage rates increase and payoffs decrease because of fewer opportunities to refinance a loan,” said Eric Friedman, managing director of Servicing at Acra Lending. “At To learn more about working with Acra Lending’s servicing business, visit acralending.com.

Mortgage 369

Mortgage Investors Lending Property Taxes 369

Appraisal Buzz

JULY 13, 2022

Using proprietary 3D tour, floor plan, and mobile app technology, the service will deliver all required data for Freddie Mac’s eligible property condition reports. To learn more about Asteroom and its national property data collection service by visiting our site. About Asteroom Inc.:

Real Estate Agent 195

Real Estate Agent Technology Real Estate Appraisal Process 195

Housing Wire

APRIL 29, 2021

In fact, a recent report from S&P Global estimates that “non-QM issuance volumes will return to 2019 levels this year, reaching an estimated $25 billion” as agency refinance activity slows down and the purchase market remains strong. To learn more about LoanScorecard’s Portfolio Underwriter, click here.

Lending 369

Lending Investors Insurance Marketing 369

Housing Wire

FEBRUARY 14, 2023

The role of servicing in a changing mortgage market During the last decade, the historically low interest rates encouraged frequent refinances and were one of the primary reasons for loan runoff in servicing portfolios. At the same time, all these surging loan products, which require different servicing needs, are on the table.

Modernization 370

Modernization Insurance Investors Tools 370

Housing Wire

OCTOBER 12, 2021

The good news is that, rather than trying to reinvent the wheel, the home lending industry can get started by translating proven technology patterns, solutions and learnings from other industries that have successfully transformed customer experience and achieved tremendous efficiencies.

Lending 369

Lending Technology Investing Loan Officers 369

Housing Wire

OCTOBER 1, 2022

When undisclosed debt is found after closing, the investor may require the lender to buy back the loan, the last thing a lender wants. Moreover, one in 131 mortgage applications was estimated to have indications of fraud and one in 164 refinance applications, according to CoreLogic’s 2022 Mortgage Fraud Report.

Investors 380

Investors Modernization Mortgage Lending 380

Housing Wire

MARCH 18, 2022

60% of his volume comes from traditional HECM loans, 20% came from HECM for Purchase, and the final 20% from HECM-to-HECM refinances, he says. Real estate agent CE classes are required in all states, but unfortunately there is not much uniformity between states.”. This is a lesson I learned the hard way,” he says.

Real Estate 518

Real Estate Real Estate Agent Mortgage Agents 518

Housing Wire

MAY 5, 2022

“There was an extensive review process on both sides to ensure that that program would go forward with the high level of service required to provide the outstanding experience Costco members expect,” First Choice Executive Vice President Bill Schneider said. CCM was the company that more than met the requirements.”.

Mortgage 370

Mortgage Retail Finance Business 370

Housing Wire

SEPTEMBER 11, 2020

As a result, lenders and servicers both require automated business logic to address continually changing regulations and process record large loan volumes.”. As a result, lenders and servicers both require automated business logic to address continually changing regulations and process record large loan volumes.

Technology 360

Technology Modernization Clients Business 360

Housing Wire

FEBRUARY 21, 2024

But analysts anticipate growth in both purchase and refinance originations this year. Hall joined Axis’ first program in 2021, learned the ropes and landed a paid internship at EscrowTab , a software company, where she now handles sales support. According to data from the U.S. But some are completely fresh to the field.

Housing Market 409

Housing Market Mortgage Marketing Real Estate 409

Housing Wire

OCTOBER 17, 2023

How can you alleviate time-consuming activities to focus on the essential human elements required for success in real estate today? The average agent needs to spend some time learning these new ways of attracting prospects. Can you replicate it? Consider managing rentals; think about short-term gain versus long-term potential.

Real Estate 441

Real Estate Brokerage Agents Technology 441

Housing Wire

SEPTEMBER 14, 2020

The trends and lending requirements I’ve highlighted below became important long before the coronavirus made it to the U.S. Low interest rates have kept refinance loan volumes robust, but no one knows for how long. Some of these requirements include: A customized experience on any device. COVID-19 has put an end to that.

Lending 466

Lending Mortgage Technology Business 466

Housing Wire

JULY 12, 2022

HousingWire sat down with Bell to learn about how the VA is working to revamp the image of the loans it offers, how it plans to modernize its appraisal processes, how it coordinates with other agencies, and whether its COVID-19 partial claim program will get an extension. And then we follow whatever that guidance is.

Modernization 370

Modernization Appraisal Process Appraisal Training 370

Housing Wire

JUNE 23, 2021

HousingWire sat down with Radian CEO Rick Thornberry to learn more about the state of the housing market and how Radian is helping further homeownership. Expanding access to affordable and sustainable homeownership will require a wide variety of approaches and a coordinated effort from many different participants.

Housing Market 421

Housing Market Marketing Construction Insurance 421

Housing Wire

JULY 28, 2022

In light of this, HousingWire recently caught up with Teraverde Chief Technology & Innovation Officer Rob Peterson to learn more about the key to lender profitability in today’s lending environment. We’ve surrendered lender profitability to waiting for the next refinance boom.

Technology 394

Technology Business Lending Training 394

Housing Wire

APRIL 26, 2022

HousingWire: With interest rates gradually rising and refinance volume on the decline, how can originators benefit from adding reverse mortgages to their product mix? And a reverse mortgage doesn’t require monthly payments. Instead, the amount borrowed plus interest and fees are added to the loan balance. .

Housing Market 370

Housing Market Business Mortgage Marketing 370

Housing Wire

MARCH 13, 2024

It’s the perfect way to introduce seasoned agents to AI without the intimidation factor – or the steep learning curve. Reonomy Starting price: $49/month Best features: Machine Learning Technology Extensive Data Network Ownership Portfolios Our take on Reonomy Reonomy offers comprehensive AI-driven analytics and property data.

Real Estate Agent 420

Real Estate Agent Tools Real Estate Agents 420

GoForrmz

SEPTEMBER 2, 2021

GoFormz is the easiest and fastest way to create digital forms No matter your industry, the modern workplace has turned to digital solutions to streamline and refine the way work gets done. To learn more about Form View and List View , click here. Select which view you would like to begin with.

Modernization 158

Modernization Business Tools Clients 158

Housing Wire

AUGUST 23, 2023

Garg: It took us six years to do $100 billion of refinances and to build an industry leader in refinances. As we get widespread adoption of One Day Mortgage, we will be able to grow our purchase volumes dramatically, [much] in the same way that we did our refinance volumes. Nunes: What have you learned from the last refi boom ?

Realtors 370

Realtors Technology Insurance Mortgage 370

Housing Wire

APRIL 18, 2023

The refinance wave of 2020 and 2021 made clear that the various leaks and clogs in the operational process can grease the skids toward leaving money on the table. We were surprised to learn that the average cures per file for those who manually researched and updated their fee data was $40 to $80 per file.

Mortgage 370

Mortgage Technology Business Investing 370

Housing Wire

AUGUST 9, 2023

Maintaining a consistent pipeline of potential buyers and sellers ensures the business’s sustainability and growth, but it requires an immense amount of work and marketing expertise, which is often outside an agent’s core competencies. One example of a company looking to crack the lead gen code is Addressable.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370